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@Maj
i seem to remember the IFS and other bodies notified that both labour and the tories plans on spending and taxation did not cover the existing commitments, and proposed commitments in full. this was prior to the election, with it being seen there would have to be 10-20bn of cuts and or tax raises to cover this.
https://www.theguardian.com/business/2024/mar/07/ifs-warns-of-labour-and-tory-conspiracy-of-silence-over-future-tax-and-spending-plans
4 months ago
tax rises on non PAYE/daily spending is excellent. i love these, more of them! throw in corporation tax rises too!
although can't imagine this narrative of "no tax rises... well actually tax rises" will sit well with the struggaling 2 earner family sort of semi relient on generational wealth transferance and a few investments their new coalition is built on. hole filling certainly won't cut through to the average PAYE voter who stayed home on voting day to take their place. why they chose this path might have been out of desperation or naievity, or overconfidence, maybe all three.
it's also unlikely that reeves will use this narrative to pivot into any transformative goals as she seems to be building consent around black holes as opposed to identifying a need for investment in growth
if i was a tory i'd be saying reeves seems unable to read the OBR reports she so confidently carries around and it only proves she did not understand how hard the chancellors were working before her. luckily for labour tories seem more concerned with researching if every member of their bench can be a leader candidate.